Anglo African Oil & Gas reports well results offshore Congo

12/17/2018

LONDON -- AAOG, an independent oil and gas developer, has reported the following update in relation to its TLP-103C well at the Company’s Tilapia license. The Company intersected the R1, R2 and R3 horizons on Saturday, Dec. 15.

Hydrocarbons were encountered in these horizons as prognosed and in line with the Company’s geological model. The R1 was intersected at 1,273.3 m MD and formed of claystone and siltstone. The R2 was intersected at 1,283 m MD and was formed of sandstone and the R3 was intersected at 1,303 m MD and was formed of claystone, dolomite and siltstone.

The Company will continue drilling towards the next target horizon, the Mengo. Once the Mengo horizon has been drilled through, the Company will complete a full suite of Schlumberger wireline logging to fully evaluate the properties of both targets.

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